United have cash for stellar buy this year

Manchester United say there is sufficient cash in the kitty to allow new manager David Moyes to chase a “stellar player” before the new season, British media on Sunday quoted chief executive Ed Woodward as saying.

Manchester United say there is sufficient cash in the kitty to allow new manager David Moyes to chase a “stellar player” before the new season, British media on Sunday quoted chief executive Ed Woodward as saying.

According to Woodward, the English Premier League champions are “absolutely” able to compete for players in the £60million-£70million bracket.

“We haven’t got money burning a hole in our pocket but we have got a strategy on player purchases and if David wants to go after a stellar player he can do that,” Woodward said, his comments featured in several national newspapers.

United have been linked with Tottenham’s midfield star Gareth Bale — a player that Moyes’ predecessor Alex Ferguson tried to sign in 2007 before he joined Spurs — and there has also been speculation regarding a bid to re-sign Cristiano Ronaldo, who left United for Real Madrid in 2009 for a world-record £80million fee.